Shelton Capital Management Sells 1,211 Shares of Ford Motor (NYSE:F)

Shelton Capital Management cut its stake in Ford Motor (NYSE:F) by 4.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,824 shares of the auto manufacturer’s stock after selling 1,211 shares during the quarter. Shelton Capital Management’s holdings in Ford Motor were worth $266,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Hager Investment Management Services LLC purchased a new stake in Ford Motor in the fourth quarter worth about $26,000. Bank of Jackson Hole Trust purchased a new stake in shares of Ford Motor in the 4th quarter worth approximately $29,000. Flagship Wealth Advisors LLC bought a new position in Ford Motor during the 4th quarter valued at approximately $30,000. Kentucky Trust Co purchased a new position in Ford Motor during the fourth quarter valued at $31,000. Finally, Crewe Advisors LLC boosted its holdings in Ford Motor by 169.9% in the fourth quarter. Crewe Advisors LLC now owns 3,285 shares of the auto manufacturer’s stock worth $33,000 after acquiring an additional 2,068 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on F shares. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Piper Sandler cut their price target on shares of Ford Motor from $13.00 to $9.00 and set a “neutral” rating on the stock in a report on Thursday, March 20th. Evercore ISI decreased their price objective on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a report on Monday, February 10th. Sanford C. Bernstein downgraded Ford Motor from a “market perform” rating to an “underperform” rating and cut their target price for the company from $9.40 to $7.00 in a research note on Wednesday. Finally, UBS Group decreased their price target on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average target price of $10.50.

Ford Motor Price Performance

Shares of F opened at $9.13 on Friday. The firm has a market capitalization of $36.18 billion, a PE ratio of 6.25, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The company’s fifty day moving average price is $9.60 and its 200-day moving average price is $10.18. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.85.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities research analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.15 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.57%. Ford Motor’s dividend payout ratio (DPR) is currently 41.10%.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.